Discussion in 'Index Futures' started by blowingup2012, Apr 23, 2012.
Looks like we are in for another one of those days.
The ES is down only 2.75.
Over the last 5 trading days the ES has had a trading range of 30.75.
Over the last 10 trading days the ES has had a trading range of 37.50.
The market has thus gone nowhere for 2 weeks, so do you think that on Monday we will actually have a day that does go somewhere?
Id prefer if we were down around 5-10 handles by morning.
Increases the odds of a good gap fill rally that is actually tradeable.
i thought the exchange was down
guess thats all thats bothering me!
I was right!
What positions do you have on to capitalize on this overnight gap down?
He didn't have a position.
I'm sitting here waiting to see if we get any buyers off 1352.50 to scalp a couple longs.
But really, were most likely heading for 1334 before any real rally and playing bounces in a market falling like a rock is going to be tricky.
Markets are looking to retest recent 4/10 lows.
Dow and Russell are close. Nasdaq and DAX have broken through.
Separate names with a comma.